The Soldiers and Sailors Relief Act:
A)?Prevents foreclosures on homes owned by those in the military
B)?Provides time extensions and special notices before foreclosure on homes owned by those in active service.
C)?Is applicable only to VA loans.
D)?None of the above
B
You might also like to view...
Gray markets impose several costs or consequences on global marketers, which does not include:
A) damage to channel relationships. B) dilution of exclusivity. C) free riding D) reputation and legal liability. E) increase product demand
When an HR department fills jobs based on people they know or with current employees, _______________ is occurring.
A. external recruiting B. internal recruiting C. open recruiting D. local recruiting E. active recruiting
When a testator provides for a bequest of his gold watch to his nephew, but the gold watch is not owned by the testator at the time of death: __________
A) the nephew is entitled to an equivalent amount of cash. B) the executor must purchase a similar gold watch for the nephew if funds are available. C) the bequest to the nephew fails by ademption. D) all legacies in the estate abate to provide funds to purchase a gold watch for the nephew.
This year, the Suarez Trust generated distributable net income (DNI) of $150,000, two-thirds of which was portfolio income, and the balance of which was exempt interest. Under the terms of the trust, Clara Suarez is to receive an annual income distribution of $30,000. At the discretion of the trustee, additional distributions can be made to Clara or to Clark Suarez III. This year, the trustee’s distributions to Clara totaled $60,000. Clark received $90,000. How much of the trust’s DNI is assigned to Clara?
A. $75,000 B. $60,000 C. $45,000 D. $30,000